Is Bunker Hill, IL 62014 a buyer’s or seller’s market?
Bunker Hill is a seller’s market. With about 2 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Bunker Hill housing market right now
In the three months ending August 31, 2026, 38% of homes in Bunker Hill, IL 62014 sold above their list price, the typical home went under contract in 24 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (36 days then) and the median sale price held steady to $194,666. Overall, Bunker Hill is more competitive than a year ago, so tougher for buyers.
Within Macoupin County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 82%.
Nearby, buyers who want less competition could look at Shipman 62685 (0% sold over asking) or Palmyra 62674 (0% sold over asking), while Wilsonville 62093 (67% sold over asking) is even more competitive.
Run the numbers for 62014
Nearby markets
Benld 62009Buyer’s market $95 /sq ftCarlinville 62626Seller’s market $92 /sq ftChesterfield 62630 — /sq ftGillespie 62033Balanced $109 /sq ft Browse all markets →Towns like Bunker Hill nearby
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Questions about Bunker Hill real estate
Is Bunker Hill a buyer’s or seller’s market?
A seller’s market: there were 2 months of supply in Bunker Hill, IL 62014 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Bunker Hill?
The typical home went under contract in 24 days in the latest three months.
Do homes in Bunker Hill sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Bunker Hill?
About 1.50% of a home’s value a year in Macoupin County, or roughly $6,000 on a $400,000 home.
What is the median home price in Bunker Hill?
The median sale price was $194,666 in the three months ending August 31, 2026, about $128 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology